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CBRE Releases Recent Transaction Report

Tucson, Ariz. – May 1, 2015 – CBRE’s Tucson office has released the following recent transactions:

SALES

Tanque Verde Square, LLC has purchased a 10,963 sq. ft. office property at 6444 E. Tanque Verde Rd. for $1.155 million from PJC Investments. The buyer was represented by Juan Teran with Chapman Lindsey. The seller was represented by David Montijo, Nancy McClure and Michael Laatsch with CBRE’s Tucson office.

LEASES

Highland Valley Partners has renewed their lease of 162,478 square-feet at 6874 S. Palo Verde Rd. from Eastgroup Properties. The tenant was represented by Bill DiVito and Jesse Blum with CBRE’s Tucson office.

Amazing Nails has leased 1,263 square-feet at 5271 S. Calle Santa Cruz from DDR Tucson Spectrum II LLC. The tenant was self-represented in this transaction. The landlord was represented by Nancy McClure, Jayme Fabe and Michael Laatsch of CBRE.